Garment Project ApS — Credit Rating and Financial Key Figures

Garment Project ApS (CVR number: 35850287) is a company from KØBENHAVN. The company recorded a gross profit of 2203.8 kDKK in 2023. The operating profit was -551.9 kDKK, while net earnings were -1010.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Garment Project ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.